Euro Auctions have acquired Canadian auction house Jardine Auctioneers Inc as part of its global expansion, who with Michener Allen and Yoder & Frey now total eight permanent auction sites in North America.
Jardine Auctioneers Incis a family run auction business, that operates out of a 139-acre site in Fredericton, New Brunswick, and currently offers over 100 auctions per year, primarily hosting auto, commercial vehicleand industrialconstruction equipment sales.
The addition of Jardine Auctioneers to Michener Allen, the Euro Auctions Group extends thegroup’s global footprint to 14permanent auction sites in eight countries, across four continents.
Jardine Auctioneers has been a trusted name in vehicle and industrial equipment auctions for over 25 years. The business has demonstrated steady growth and exceptional customer loyalty from private and public sector companies, maintaining many long terms relationships. Coupling a loyal seller base with its strong buyer base throughout Canadahas been a winning formula. In addition to auction services, JardineAuctioneers operates a transportation divisionto service customer needs in New Brunswick.
Derek Keys, Founder and Managing Director of Euro Auctions Group, commented:“We are a family-run business, and the ethos and values of Jardine Auctioneers resonates strongly with our own. We see great similarities in our company culture, vision, and future trajectory. As we expand our presence in Canada, we haveremained focused on treating buyers and sellers equally. We provide the highest level of service, achieving true market value in our auctions, while maintaining fair commission rates for all. This basic principle hasbeen a cornerstone of the group’s success. We are delighted to welcome the Jardine team into our auction community that share the same ethos.”
John Jardine, CEO of Jardine Auctioneers added:“This merger with Euro Auctions and joining forces with our close Canadian ally Michener Allen is the perfect fit for us all. Both Euro auctions and Michener Allen are family businesses that share our same values and commitment to excellence and I couldn’t be more excited to expanding our global customer base, attracting both buyers and sellers from around the world and introducing them to our maritime hospitality.”
